[An address lost $4.99 million in small trades using 40x leverage over the past month] Foresight News reports, according to monitoring by @ai_9684xtpa, an address that frequently uses 40x leverage for trading has lost $4.99 million over the past month. Out of 50 trades, 20 were profitable, with a win rate of 40%. Since February 18, the address has been trading BTC with 40x leverage, taking both long and short positions. The opening price and liquidation price are often only a few hundred dollars apart, and in extreme cases, less than $100. Most of the time, it wins small but loses big, yet it continues to open positions frequently, with holding times not exceeding 24 hours.